brian7683

brian7683

Oil was going up for the last leg of the bull run in 2000 and 2007. I think I'd prefer oil breaks higher for the stock market. But with Drill Baby Drill , prices should go down with the increase in supply.

brian7683

Unemployment trend seems to be reversing for Germany. Last time this W pattern appeared in the 60s 70s, unemployment rate jumped up. Hopefully it won't get that bad!

brian7683

Ethereum season is upon us! Smaller ALTS will start bleeding against ETH until April, May.

brian7683

It is ETH's turn to outperform the rest of the market! We will explode past $5,000 to the $7,500 level. Could it top around $11,500? Or the next Fibonacci level at $15,500

brian7683

This is the chart for the Global Money Supply. It's clearly bouncing on the channel. BULLISH !! Here's the formula to put in TradingView: (FRED:M2SL+ECONOMICS:EUM2*FX:EURUSD+LSE:JPM2/FX:USDJPY+ECONOMICS:CNM2/FX:USDCNH)/1000000000000

brian7683

Can you believe this? The Nasdaq has reached the top of the DOT COM bubble vs the M2 money supply! This is a big milestone! I don't think it will stop here. There is a small resistance to break.

brian7683

TLT might revisit the $80-82 range before creating a double-bottom reversal pattern. Look at the RSI. I bet that the RSI will go down to the trendline and find support before bouncing. I would start DCAing out from $120 for 40% gain. --------------------- TLT (iShares 20+ Year Treasury Bond ETF) is an exchange-traded fund that primarily holds U.S. Treasury...

brian7683

I'm much better at finding bottoms in charts vs tops. So I had the idea of reversing the Nasdaq chart! Before the Nasdaq crashed, you always see a double bottom in the RSI with the second peak being higher. Next top in May 2025?

brian7683 Updated 

When USDT Tether's dominance goes down, crypto prices go up. The opposite is true also. The USDT dominance will consolidate until Jan-March 2025, staying above the resistance channel. I don't think it will break down. We already went from 9% to 4%, that's already great! I don't believe the USDT dominance will go down further. That doesn't mean the price can't go...

brian7683

This W pattern doesn't look good. If this is a reversal in the tether dominance, Bitcoin and cryptos are in trouble.

brian7683

In 5 short years, could Bitcoin 10x to MIL:1M ? I'd be happy with $500k but MIL:1M seems possible!

brian7683

It might wick up to 100$ before starting a fall. It had a good run! Pretty unbelievable how high it's gone.

brian7683

It might go to 130k but it'll lose strength and start going down soon after. My timeline to DCA out is December to March. By March I shouldn't have many coins left.

brian7683

Huge resistance at this level! Can MSTR continue this explosion in price?

brian7683

In 2000, 2007 and 2021, Small caps divided by the Nasdaq started going up as the markets deteriorated. Will 2024 be the same?

brian7683 Updated 

If BTC continues going up as it's been doing these last couple days, it should reach $100,000 the morning of Nov 22. My bet is that we quickly go up to $105-110k before crashing to 80-90k.

brian7683

When the Global Money Supply goes up, markets go up. Will the money supply break down the trendline? Hopefully, we get a nice bounce from here!

brian7683

VIX is at 20 now. It'll go down to 15 and shoot up to 28,30 and go back down to 22. That might be spring/summer 2025. That will be the top in markets. Sell everything. IMO, VIX will shoot up to 60 by mid 2026. Meaning big market crash. Early 2027 might end up being a great time to jump back markets.